Thailand’s Supreme Court Upholds 20 Year Sentence for Founder of Thailand’s People’s Alliance for Democracy

FILE - In this July 24, 2008, file photo, Sondhi Limthongkul, founder of Thailand's People's Alliance for Democracy, arrives at the metropolitan police headquarters to acknowledge the police charges for lese majesty in Bangkok, Thailand. Thailand's Supreme Court on Tuesday, Sept. 6, 2016, upheld a 20-year prison sentence for fraud for the media tycoon whose crusade to oust a prime minister succeeded, triggering a decade of political violence and instability. The court affirmed a lower court's 2012 ruling that Sondhi violated Securities and Exchange Commission regulations in 1996-97 by presenting fraudulent financial data to obtain a large bank loan for one of his businesses.(AP Photo/Sakchai Lalit, File)

FILE – In this July 24, 2008, file photo, Sondhi Limthongkul, founder of Thailand’s People’s Alliance for Democracy, arrives at the metropolitan police headquarters to acknowledge the police charges for lese majesty in Bangkok, Thailand. Thailand’s Supreme Court on Tuesday, Sept. 6, 2016, upheld a 20-year prison sentence for fraud for the media tycoon whose crusade to oust a prime minister succeeded, triggering a decade of political violence and instability. The court affirmed a lower court’s 2012 ruling that Sondhi violated Securities and Exchange Commission regulations in 1996-97 by presenting fraudulent financial data to obtain a large bank loan for one of his businesses.(AP Photo/Sakchai Lalit, File)(The Associated Press)

Thailand’s Supreme Court has upheld a 20-year prison sentence for fraud against a media tycoon whose crusade to oust a prime minister succeeded, triggering a decade of political violence and instability.

The court on Tuesday affirmed a lower court’s 2012 ruling that Sondhi Limthongkul violated Securities and Exchange Commission regulations in 1996-97 by presenting fraudulent financial data to obtain a large bank loan for his business group.

Sondhi also is the founder of the People’s Alliance for Democracy, which sought to force then Prime Minister Thaksin Shinawatra to step down in 2006 for alleged corruption and disrespect toward King Bhumibol Adulyadej. Thaksin was then ousted in a military coup, but his supporters and opponents continue to contend for power.

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